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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3073026 times)
MalReynolds
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March 02, 2016, 06:42:14 PM
 #2001

Who knows why they accept Crypti on ICO?
Now they have about 35 000 000 Crypti. What will they do with huge amount of Crypti?

Crypti is accepted because Crypti supporters are why Lisk is starting off with a solid 0.5.5 code base instead of pure vaporware, plus a beautiful wallet GUI, many software tools such as a blockchain explorer / DPos delegate monitor, and many other tangible assets to launch this coin.  A fixed price 1300 satoshi swap of Crypti for Lisk is the Lisk Foundation's way of welcoming Crypti holders into the next step of what they started years ago.

If the Lisk Foundation holds 35M Crypti, that means others are choosing to hold on to 65M Crypti for many reasons.  It's not a dead coin and it's not a dead market.

They accepted it to be fair to XCR owners, with a very fair exchange rate. Otherwise they'd have angry XCR people burning the ICO down.

Well, there's that, too.  Cheesy  You certainly have a much better party if you serve good wine instead of sour vinegar.
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tuvok007
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March 02, 2016, 07:01:06 PM
 #2002

When the network starts in late march will we have a wallet software to download like bitcoin core or will that be something different? Web login or something. If you guys know what I want to ask.
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March 02, 2016, 07:03:35 PM
 #2003

Once the mainnet is live or maybe now (?) Lisk should be advertised directly where the JavaScript devs are. I don't know if there are really big forums or whatever, but that should be done.
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March 02, 2016, 07:07:34 PM
 #2004

Warning
Bter Crypti withdrawals are not processed for some time!
Do not be fooled by the low prices!
It is a bad idea to purchase Crypti there to attend the ICO, if you do not get out it.

This message below is active for 48 hours now. Bter seems not want to fill the hot wallet.
No response from the support so far  Sad.

GoldenEye
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March 02, 2016, 07:11:26 PM
 #2005

When the network starts in late march will we have a wallet software to download like bitcoin core or will that be something different? Web login or something. If you guys know what I want to ask.

There will be downloadable full and light clients in addition to the Web Wallet (https://login.lisk.io/)

See:
https://lisk.io/download
poornamelessme
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March 02, 2016, 07:14:36 PM
 #2006

Warning
Bter Crypti withdrawals are not processed for some time!
Do not be fooled by the low prices!
It is a bad idea to purchase Crypti there to attend the ICO, if you do not get out it.

This message below is active for 48 hours now. Bter seems not want to fill the hot wallet.
No response from the support so far  Sad.


I had hoped they filled it by now. I had that problem like a week or so ago.

You can chat with a rep to cancel the order if you want (use their chat and ask for English Lilly, unless you speak Chinese), although then it's basically just folks trading a coin that they may or may not be able to
withdraw at a later time.

LiskHQ (OP)
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March 02, 2016, 07:20:20 PM
 #2007

Once the mainnet is live or maybe now (?) Lisk should be advertised directly where the JavaScript devs are. I don't know if there are really big forums or whatever, but that should be done.

I agree. But after recent discussions with developers, we need to improve our docs first. 2-3 weeks after launch I think we have improved them quite a lot already, so we can start to promote within the JS community.

We will definitely directly target those groups. Also by going to Node.JS and JavaScript conferences. Wink


When the network starts in late march will we have a wallet software to download like bitcoin core or will that be something different? Web login or something. If you guys know what I want to ask.

There will be downloadable full and light clients in addition to the Web Wallet (https://login.lisk.io/)

See:
https://lisk.io/download

We will start with the full client and probably in the end of April release the lite client. Smiley This gives us enough time to prepare everything.

Lisk.io - Blockchain Application Platform
MalReynolds
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March 02, 2016, 07:34:00 PM
Last edit: March 02, 2016, 08:27:44 PM by MalReynolds
 #2008

We are at page 102 already. Smiley

A great accomplishment!  And to celebrate, I'm gonna drag back up a post of mine from page 89 that nobody responded to at all.  

The subject is latency: https://bitcointalk.org/index.php?topic=1346646.msg14038854#msg14038854

I've been thinking about this some more.  The post above discusses my desire to say something specific in the whitepaper on the maximum ISP latency acceptable for running a Lisk mainchain node.  (I am worried we are going to have a lot of disappointed Active Delegates when they realize they can't run a Lisk mainchain node from home on their spare PC and they actually have to rent a server at Vultr for $5 per month).  I also ask for confirmation that sidechains can run at slower block times that the mainchain, and if that alone would allow the use of slower, high-latency ISPs.

These are important and hard questions that nobody really knows the answers for yet.  One of my first goals when Lisk goes live with 0.5.5  is to set up some cheap sidechain nodes and run some timing experiments to get some answers.  I want to give my future sports dapp customers great service!

However, I've been thinking about this some more and I have more questions.  So here goes.

First off, are we going to start Lisk on version 0.5.5 software and not 0.5.4?

Second, what is the specific reason we are going to launch Lisk with a 10 second blocktime?  Sure, that's the number Crypti worked hard to achieve.  Sure, it is technically cool and impressive.  Sure, it was originally intended to allow ultrafast merchant confirmations.   But seriously....why?  We are changing many things in Lisk that were originally done a different way in Crypti.  Why not its blockchain speed?

Lisk is not promoting itself as a "coin for commerce" the way Crypti started out, so we don't claim fast merchant confirmations as a major selling point for Lisk.  Also, most of the Lisk blocks are going to be empty - way above 90%, I'll bet  -  and piling empty blocks on at 10 second intervals produces nothing but blockchain bloat.  Sure, Lisk has an efficient blockchain structure compared to Bitcoin or Ethereum and so has less bloat per block.  And Lisk can handle large blockchain files just fine.  The Crypti chain is doing fine at over 2 million blocks in length after two years.  

But....if we launch with a Lisk block time of 20 seconds instead of 10 seconds, there would be no merchants saying we've caused them headaches by doubling the confirmation time.  We would also cut our bloat growth rate by 50%.   We would also have twice as long before bloat becomes an issue of concern... which it will, eventually, and we have to have the inevitable blockchain pruning discussion.   So why not go from 10 seconds to 20 seconds for Lisk blocktime?

And once we start saying a Lisk blocktime of greater than 10 seconds is OK - why not set the official Lisk blocktime as necessary to maximize high-latency home ISP participation by Active Delegates?  Maybe that's a blocktime of 15 seconds, maybe that's 30 seconds, maybe that's a full minute of 60 seconds.  Logically, a 60 second blocktime should be able to handle 6 times higher latency delays than a 10 second blocktime, right?

All I'm saying is that Lisk is an effort to start over and correct many of Crypti's deficiencies.  Possibly the technically impressive 10 second blocktime may be one of those deficiencies.  We have a few weeks before this Lisk train leaves the station and goes rolling full spead down the track.  We should talk about just how fast that Lisk train is going to go.
Dogstar12
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March 02, 2016, 07:36:45 PM
 #2009

Hey@all,

i want to change some btc to Lisk.

Where can i get a client for windows? That link https://downloads.lisk.io/lisk/main/lisk-0.1.1-Darwin-x86_64.zip on the page don't works.

Can someone help?
MalReynolds
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March 02, 2016, 07:38:32 PM
 #2010

i want to change some btc to Lisk.

Where can i get a client for windows? That link https://downloads.lisk.io/lisk/main/lisk-0.1.1-Darwin-x86_64.zip on the page don't works.

Go to http://ico.lisk.io and use the exchange there.
GoldenEye
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March 02, 2016, 07:39:11 PM
 #2011

Warning
Bter Crypti withdrawals are not processed for some time!
Do not be fooled by the low prices!
It is a bad idea to purchase Crypti there to attend the ICO, if you do not get out it.

This message below is active for 48 hours now. Bter seems not want to fill the hot wallet.
No response from the support so far  Sad.


I had hoped they filled it by now. I had that problem like a week or so ago.

You can chat with a rep to cancel the order if you want (use their chat and ask for English Lilly, unless you speak Chinese), although then it's basically just folks trading a coin that they may or may not be able to
withdraw at a later time.

@Max
 You can please ask the exchange again?

Otherwise I will wait a week...

Perhaps we should make a little "publicity" for bter.
Dogstar12
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March 02, 2016, 07:44:17 PM
 #2012

i want to change some btc to Lisk.

Where can i get a client for windows? That link https://downloads.lisk.io/lisk/main/lisk-0.1.1-Darwin-x86_64.zip on the page don't works.

Go to http://ico.lisk.io and use the exchange there.

Without a wallet? Thats what im looking for.
GoldenEye
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March 02, 2016, 07:58:55 PM
 #2013

i want to change some btc to Lisk.

Where can i get a client for windows? That link https://downloads.lisk.io/lisk/main/lisk-0.1.1-Darwin-x86_64.zip on the page don't works.

Go to http://ico.lisk.io and use the exchange there.

Without a wallet? Thats what im looking for.

Lisk is currently in ICO phase. Wallet will be available with main net start.

What about reading the homepage https://lisk.io/ ?

Edit: You can also try out the web wallet (testnet!) https://login.lisk.io/
poornamelessme
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March 02, 2016, 08:03:22 PM
 #2014



Without a wallet? Thats what im looking for.

As stated, a wallet wouldn't do you much good right now. Although I assume you know this is a fork of XCR, so codewise a wallet and all of those nice things exist, they don't need to be coded from scratch.

I do have a question though for the devs here... around when do we have to get our keys by? Is there a deadline, or can we just wait until the wallet is ready to go? I assume we can just get them whenever we want, but wanted to doublecheck.... I haven't gotten all of my keys/passphrases yet (and probably would be paranoid about losing them, so figure I'll just wait).
MalReynolds
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March 02, 2016, 08:10:22 PM
 #2015

...I haven't gotten all of my keys/passphrases yet.

I was a little surprised to see a public key along with a passcode and Lisk account number from my XCR deposit.  Is this public key the same as the one in discussions going like "please send me 1 XCR so I can get a public key" ?  Will we need to do a "first transaction" in our new Lisk accounts in a few weeks to generate a new public key, or is the one assigned at the ICO site a good public key forever?
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March 02, 2016, 08:18:56 PM
Last edit: March 02, 2016, 08:32:18 PM by GoldenEye
 #2016

...I haven't gotten all of my keys/passphrases yet.

I was a little surprised to see a public key along with a passcode and Lisk account number from my XCR deposit.  Is this public key the same as the one in discussions going like "please send me 1 XCR so I can get a public key" ?  Will we need to do a "first transaction" in our new Lisk accounts in a few weeks to generate a new public key, or is the one assigned at the ICO site a good public key forever?

In asymmetric cryptography (public-key cryptography) a pair of keys is used (public and private). Both keys are generated simultaneously.
With the "first transaction" you mentioned, the public key is not generated, but firstly stored in the blockchain.
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March 02, 2016, 08:33:39 PM
 #2017

MalReynolds your enthusiasm is palpable, but you might want to temper it a bit  Cheesy.
MalReynolds
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March 02, 2016, 08:43:38 PM
 #2018

MalReynolds your enthusiasm is palpable, but you might want to temper it a bit  Cheesy.

Sound advice I will try to heed.
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March 02, 2016, 09:21:05 PM
 #2019

(Note: looks like whitepaper needs to be updated, "0.1 LISK of amount sent for a spend transaction" should be "0.1% LISK of amount sent for a spend transaction".

We changed it to a constant 0.1 LISK. There was always the problem to calculate the fee, now it's very easy. Smiley

Great job! So if lisk will cost 10 usd in the future, transaction fee will be 1 usd. You guys rock! "Now it's very easy", lawl
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March 02, 2016, 09:22:42 PM
 #2020

Noooo my Lisk is keep going down. Although I have been smart and bought a lot of xcr when it was 700 satoshi or something, I still feel bad my Lisk going away Sad

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